Today: Today, Roffman Miller Associates Inc. PA Reached $14,282,000 position of Procter & Gamble Co. (PG)

Today, Roffman Miller Associates Inc. PA Reached $14,282,000 position  of Procter & Gamble Co. (PG)

Roffman Miller Associates Inc. PA increased its position in shares of Procter & Gamble Co. (NYSE:PG) by 3.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 159,132 shares of the company’s stock after buying an additional 5,028 shares during the period. Procter & Gamble Co. accounts for approximately 2.3% of Roffman Miller Associates Inc. PA’s holdings, making the stock its 23rd largest position. Roffman Miller Associates Inc. PA’s holdings in Procter & Gamble Co. were worth $14,282,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of PG. American National Bank raised its stake in Procter & Gamble Co. by 225.8% in the third quarter. American National Bank now owns 1,137 shares of the company’s stock worth $102,000 after buying an additional 788 shares in the last quarter. Americafirst Capital Management LLC bought a new stake in Procter & Gamble Co. during the second quarter worth about $112,000. Signature Estate & Investment Advisors LLC acquired a new position in Procter & Gamble Co. during the second quarter worth approximately $122,000. Global X Management Co. LLC increased its position in Procter & Gamble Co. by 259.5% in the second quarter. Global X Management Co. LLC now owns 1,517 shares of the company’s stock worth $128,000 after buying an additional 1,095 shares during the last quarter. Finally, Lenox Wealth Advisors Inc. increased its position in Procter & Gamble Co. by 0.5% in the second quarter. Lenox Wealth Advisors Inc. now owns 1,840 shares of the company’s stock worth $156,000 after buying an additional 10 shares during the last quarter. 59.51% of the stock is currently owned by institutional investors.

Procter & Gamble Co. (NYSE:PG) traded up 0.94% during trading on Friday, reaching $83.46. The company’s stock had a trading volume of 3,883,098 shares. The firm has a market capitalization of $223.34 billion, a P/E ratio of 22.26 and a beta of 0.62. Procter & Gamble Co. has a 52 week low of $74.46 and a 52 week high of $90.33. The firm has a 50-day moving average price of $85.71 and a 200-day moving average price of $85.39.

Procter & Gamble Co. (NYSE:PG) last posted its earnings results on Tuesday, October 25th. The company reported $1.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.98 by $0.05. The company earned $16.50 billion during the quarter, compared to analyst estimates of $16.49 billion. Procter & Gamble Co. had a return on equity of 17.95% and a net margin of 16.27%. The business’s revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.98 earnings per share. On average, equities analysts anticipate that Procter & Gamble Co. will post $3.89 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Friday, October 21st were issued a dividend of $0.6695 per share. This represents a $2.68 annualized dividend and a dividend yield of 3.21%. The ex-dividend date was Wednesday, October 19th. Procter & Gamble Co.’s dividend payout ratio (DPR) is presently 71.66%.

PG has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded Procter & Gamble Co. from a “buy” rating to a “hold” rating in a report on Friday, October 21st. Argus upgraded Procter & Gamble Co. from a “hold” rating to a “buy” rating and increased their price objective for the company from $88.54 to $103.00 in a report on Wednesday, October 12th. Stifel Nicolaus set a $93.00 price objective on Procter & Gamble Co. and gave the company a “buy” rating in a report on Wednesday, August 3rd. Citigroup Inc. reiterated a “buy” rating on shares of Procter & Gamble Co. in a report on Wednesday, October 26th. Finally, Johnson Rice upgraded Procter & Gamble Co. from an “accumulate” rating to a “buy” rating in a report on Friday, August 26th. Eleven research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $91.55.

In related news, insider Juan Fernando Posada sold 3,501 shares of the stock in a transaction that occurred on Wednesday, September 28th. The stock was sold at an average price of $89.50, for a total value of $313,339.50. Following the completion of the transaction, the insider now directly owns 19,953 shares of the company’s stock, valued at approximately $1,785,793.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ciserani Giovanni sold 20,000 shares of the stock in a transaction that occurred on Thursday, September 8th. The stock was sold at an average price of $88.00, for a total value of $1,760,000.00. Following the completion of the transaction, the insider now directly owns 65,053 shares of the company’s stock, valued at $5,724,664. The disclosure for this sale can be found here. Insiders own 0.35% of the company’s stock.

About Procter & Gamble Co.

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